IRS Urged To Improve Card Payment Reporting
A report by the Treasury Inspector General for Tax Administration (TIGTA) has found that, unless the United States Internal Revenue Service (IRS) improves its plan to implement the merchant card...
View ArticleVisa, MasterCard See Potential Settlement at $4B
Visa Inc. (V) and MasterCard Inc. (MA), the world’s biggest payment networks, put any potential settlement of price-fixing litigation by merchants at about $4 billion. MasterCard “extrapolated an...
View Article€1 in every €3 to be spent on Visa
New figures, released yesterday by the company, show that €1 in every €7 spent here during 2012 was done so with a Visa card. That figure has improved, for the company, in the past couple of years —...
View ArticleChina’s B2C e-commerce market booming
B2C e-commerce in China, particularly in luxury goods, is expected to grow by more than 30 percent annually between 2010 and 2016. According to Germany-based secondary market research firm yStat.com, a...
View ArticlePorn sites more popular in UK than social networks
Pornographic websites are more popular in the UK than social networks, shopping, news, or business sites, according to figures obtained by theGuardian. Visits to legal porn sites accounted for 8.5 per...
View ArticleRuPay set to give Visa, MasterCard a run for their money in India
Visa and Mastercard are going to get a tough rival. RuPay, India’s own payment system floated by National Payment Corporation of India (NPCI), is likely to get a big leg-up with the government’s...
View ArticleJuly 2, 2019 Data Breach
At True North Payments, we value our clients business and respect the privacy of their information, which is why, in keeping with best practices and standards we are publishing a notice of a Data...
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